UK tires, exhausts firm Kwik-Fit mulls IPO -paper


LONDON, March 22 (Reuters) - Kwik-Fit, the British car tires and exhausts business, could return to the London stock market later this year with a value of up to 750 million pounds ($1.4 billion), the Financial Times said on Monday. European private equity firm CVC Capital Partners bought Kwik-Fit in August 2002, and the FT said the company is evaluating ways to exit the business. The report said a flotation of Kwik-Fit was the most likely option, although a trade sale was also under ...

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